Trading Edges That Last
- You May Also Like
Overview Emini overnight range 2086.50 up to 2099.25 (at 8:55 am) Overnight Midpoint 2093.00 Previous Day Close 2093.25 Emini S&P is now trading at the bottom part of its range with ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Euro formed an up channel and drifted higher all week to near Y+1. Channel breakdown led to flush back down to near Y-1. Closed the week below Y-0 and ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREEmini S&P Battleplan Jun 1, 2016Intraday Cycle Projection (NDX) 2012-03-153DP Odds Table (NDX) 2022-06-30Precog Vision – US Indices 2022-8-29Hot n Cold (NDX) 2012-5-1Precog Vision – US Indices 2014-6-9EURUSD Feb 01 to Feb 05 OutlookPrecog Vision – US Indices 2015-6-22Intraday Cycle Projection (NQ) 2016-02-29Real-time Commentaries 2013-3-18
As Featured In
Nasdaq 100 Jul 09 to Jul 13 Outlook
Lawrence’s Comment
Got 1st upside target and almost 2nd one (Y+2) before news shock took it back down quickly. Closed the week near Y+1 and below midpoint.
Outlook
If a 2nd down leg fails to take NQ below B-2, the daily uptrend is still intact and another violent rally can zoom this higher still.
This month is the time window where a potential major top is going to establish as projected in MBO several months ago. Upside potential is limited at this point on swing basis.
Better stick with daytrading until a trend is established on daily.
Share